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15 Ricker Rd #2 Newton — Photo 1 of 19

15 Ricker Rd #2 Newton — Photo 1 of 19

$1,350,000

Investment Analysis — 15 Ricker Rd #2

Newton, MA 02458

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02458 carries an estimated $4,140/mo in gross rent — about a 1.49% cap rate and $20,150/yr in estimated NOI at the $1,350,000 list price. Adjust every assumption in the calculator below.

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Beds

4

Baths

3

SqFt

2,703

Style

Condominium

Built

1925

Presenting a meticulously maintained condominium at 15 Ricker Rd U:2, Newton, MA, a 2703 square foot residence originally constructed in 1925 and totally remodeled in 2018. This property, spanning the second and third floors, embodies a sophisticated reinterpretation of traditional American Foursquare architecture. The kitchen serves as a central gathering space with its' expansive island, featuring quartz counters, high end appliances including a mini bar and wine fridge. Its open-plan design seamlessly integrates with the dining area and living room, fostering an environment conducive to both everyday living and entertaining. The primary bath offers the convenience of a double vanity and a spacious walk-in shower. The bedroom has a walk-in closet providing ample storage. A second bedroom on the same floor has an adjacent bath and great closet space. the third floor has 2 well appointed bedrooms, a full bath and a sitting room/ reading nook. Enhancing the living experience, this property includes a private yard, offering exclusive outdoor space and an electric car charger . This thoughtfully redesigned condominium presents an exceptional opportunity for discerning buyers seeking refined living in Newton.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Open Houses

Property Details

Financials

Original Price$1,350,000
Annual Taxes$13,407
HOA Fee$350

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms9
FireplacesNone
FlooringWood, Tile, Hardwood, Flooring - Hardwood
BasementY

Climate & Utilities

HeatingCentral, Forced Air, Natural Gas
CoolingCentral Air, Unit Control
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningMR1

Property & Lot

Acres0.11
SqFt Lot4,791
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Wine Refrigerator • Range Hood

Neighborhood

Public Transportation • Shopping • Park • Highway Access • House of Worship • Public School

Geography

Floorplan Breakdown

Structural Layout

Third
Bedroom 3Bedroom 4Bathroom 3
Second
Bedroom 2Bathroom 1Bathroom 2
Main,Second
Living RoomDining RoomKitchenPrimary Bedroom
Main
Office
Living Room
Lvl Main,Second

12 x 14

Flooring - Hardwood, Cable Hookup, Open Floorplan

Dining Room
Lvl Main,Second

15 x 13

Flooring - Hardwood, Deck - Exterior, Open Floorplan

Kitchen
Lvl Main,Second

11 x 14

Flooring - Hardwood, Dining Area, Balcony / Deck, Countertops - Stone/Granite/Solid, Kitchen Island, Wet Bar, Deck - Exterior, Recessed Lighting, Wine Chiller, Lighting - Pendant

Office
Lvl Main

7 x 17

Flooring - Hardwood

Primary Bedroom
Lvl Main,Second

12 x 14

Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Lighting - Overhead

Bedroom 2
Lvl Second

12 x 15

Bedroom 3
Lvl Third

11 x 11

Closet, Flooring - Hardwood, Lighting - Overhead

Bedroom 4
Lvl Third

10 x 14

Closet, Flooring - Hardwood, Lighting - Overhead

Bathroom 1
Lvl Second

12 x 9

Bathroom - Full, Bathroom - Double Vanity/Sink, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

7 x 7

Bathroom - Tiled With Shower Stall, Countertops - Upgraded, Lighting - Overhead

Bathroom 3
Lvl Third

10 x 13

Listing Provided By

Listing Agent: Maryruth Perras

Listing Office: William Raveis R.E. & Home Services

MLS® Number: 73585669